Is 60458, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 60458 has remained a Seller's Market.
Housing Prices in 60458, IL
How much do homes in 60458, IL cost?
Median Sold Price
$261,500
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 60458 was $261,500 in April 2024, up 2.5% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $104K | $125K | +20.2% |
2 Bedrooms | $206K | $194.9K | -5.4% |
3 Bedrooms | $274K | $282.5K | +3.1% |
4 Bedrooms | $305K | $395K | +29.5% |
5+ Bedrooms | $370K | $455K | +23.0% |
Summary: 60458 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.2%, 2 bedroom homes decreased by 5.4%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 29.5%, and 5+ bedroom homes increased by 23%.
Housing Supply in 60458, IL
How many homes are available in 60458, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 35 | +20.7% |
Summary: The 60458 real estate market had 35 homes for sale in April 2024, a 20.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 9 | +28.6% |
3 Bedrooms | 15 | 17 | +13.3% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 60458 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 10 | +150.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 60458 in April 2024, up by 150.0% month-over-month. Of the 10 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for 60458, IL
How long does it take to sell a home in 60458, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
18 Days | 13 Days | -26.0% |
Summary: Homes in 60458 had an average of 13 days on market in Apr 2024, down by 26% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in 60458; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.